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RESOLUTION THE CITY COUNCIL OF THE CITY OF SAN LEANDRO <br />RESOLUTION NO.2022-043 <br />RESOLUTION OF THE CITY OF SAN LEANDRO CITY COUNCIL <br />ACCEPTING THE 2021-2022 MID -YEAR FINANCIAL REPORT AS OF DECEMBER <br />31, 2021 AND APPROVING THE SECOND QUARTER BUDGET AMENDMENT FOR <br />THE 2021-2022 CITY OPERATING BUDGET <br />WHEREAS, the City Council received and considered the 2021-2022 Mid -Year <br />Financial Report as of December 31, 2021; and <br />WHEREAS, the City Council approves biennial budgets based on the best revenue and <br />expenditure information available at the time budgets are prepared; and <br />WHEREAS, budget adjustments are periodically necessary for changes arising and <br />requiring additional budget appropriations or re -appropriations between funds or budget line <br />items; and <br />WHEREAS, the City Council adopted the 2020-2021 budget on June 28, 2021, and <br />approved budget appropriations; as described in the associated staff report amending the budget <br />is required at this time. <br />NOW, THEREFORE, the City of San Leandro City Council RESOLVES as follows: <br />• That the 2021-2022 City of San Leandro Budget is hereby amended as described on that <br />certain document, and all attachments to that document, titled "Staff Report for <br />Resolution Accepting 2021-2022 Mid -Year Financial Report as of December 31, 2021, <br />and Approving the Second Quarter Budget Amendment to the City Operating Budget," <br />copies of which are attached hereto and incorporated herein by reference, and as shown <br />on the Attachments to this Resolution, which are incorporated herewith and made a part <br />hereof. <br />• That the City Manager is authorized to approve carryovers to fiscal year 2022-2023 if the <br />proposed contributions to Ca1PERS ($3,000,000) and to the PARS Pension Trust <br />($608,500) are not transferred by June 30, 2022 due to market volatility. <br />• That the City Manager is authorized to transfer the remaining balance to Ca1PERS and <br />PARS in fiscal year 2022-2023. <br />Introduced by Councilmember Lopez and passed and adopted this 14th day of March 2022, by <br />the following vote: <br />Members of the Council: <br />AYES: Councilmembers Aguilar, Azevedo, Ballew, Cox, Lopez, Simon, Mayor Cutter (7) <br />NOES: None (0) <br />ABSENT: None (0) <br />ATTEST: <br />Kelly C cy, Acting Citbtlerk <br />